Filed October 7, 2021 (most recent of 3 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,423 | $42,546-12.0% | $71,796-47.9% | $55,167-32.2% |
| Participation rate | 58.7% | 59.1%-0.4pp | 69.1%-10.4pp | 69.0%-10.3pp |
| Annual return | 8.46% | 12.36%-3.9pp | 78.04%-69.6pp | 169.23%-160.8pp |
| Employer contribution / active EE | $332 | $803-58.6% | $1,924-82.7% | $1,963-83.1% |
| Participant deferral / active EE | $2,309 | $2,064+11.8% | $2,794-17.4% | $3,054-24.4% |
| Admin fee / account holder | $6,580 | $650+912.9% | $4,815+36.7% | $504+1205.8% |